Kate Shaw

Instant asset 100% tax deduction for artworks purchased by businesses- including home percentage- before June 30th.

Make your board room not so boring ! Instant Asset Write-Off for Artwork Key Facts. Who’s eligible: ABN holder, aggregated annual turnover under $10 million
Threshold: Up to $20,000 per artwork (not per business — multiple works each qualify)
Deadline: Asset must be purchased and installed/in use by 30 June 2026
New and second-hand artworks both qualify
Claim is immediate — full deduction in the year of purchase, not depreciated over time Image: Artists Circle Consulting, Washington DC

Can I get the instant asset tax write off if I work from home?
The $20,000 instant asset write-off allows small businesses with an ABN and aggregated annual turnover under $10 million to immediately deduct the full cost of eligible assets — including original artworks — rather than depreciating them over years.
The $20,000 threshold applies per artwork, not per business, so you can purchase multiple works and claim each one separately.

The critical issue for home-based businesses: "business premises"
This is where it gets tricky. The artwork must be displayed or used in your business premises to qualify. The ATO's intent is that the work has a genuine business purpose — client-facing display, professional environment, etc.

For a home office, the ATO applies a business-use apportionment rule. If an asset serves both personal and business use, you can only claim the taxable purpose portion. For instance, if you use a vehicle 80% for deliveries and 20% privately, only 80% is deductible. The same logic applies to art in a home office — if it's in a shared living space, you'd likely only claim the business-use percentage.

What strengthens a claim for home-based workers:

The artwork is in a dedicated, exclusive home office space (not a living room or shared area)
You can document that clients, collaborators, or professional activities occur in that space
The purchase is clearly linked to a business purpose (not purely decorative in a personal space)

Invisible Harmonics, 120cm x 270cm (3 x 90cm), acrylic and resin on board, 2026

Enquiries: [email protected]

The Australian Government's $20,000 instant asset write-off allows small businesses to claim the full cost of eligible assets including original artworks as an immediate tax deduction in the year of purchase.
That means an $18,000 painting bought for your boardroom this month is fully deductible in your 2025–26 tax return. Not depreciated over years. Gone from your taxable income now.
The deduction applies per artwork with no cap on the number of works you buy. Three paintings at $15,000 each means three separate full deductions — $45,000 claimed in a single financial year.
The Government confirmed in the May 2026 Budget that the $20,000 instant asset write-off will be made permanent from 1 July 2026. But purchasing before 30 June means the deduction applies to this financial year's tax return — so if you're ready to buy, now is the time. (information source: https://www.wentworthgalleries.com.au/post/3690-100-tax-deduction-on-art-for-fy-20252026)

Decoherence, 120cm x 270cm (3 panels x 90cm), acrylic and resin on board, 2026
More information please email [email protected]

Light Recall 60cm x 50cm, acrylic and resin on board 2026

LIght Structure 60cm x 50cm, acrylic and resin on board 2026

Ghost Variables 60cm x 50cm, acrylic and resin on board 2026

Observer Effect 60cm x 50cm, acrylic and resin on board 2026

Emergence 60cm x 50cm, acrylic and resin on board 2026